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Mcewen Mining Inc (MUX)
NYSE:MUX
MUX Stock Chart & Stats
Day’s Range― - ―
52-Week Range$5.92 - $12.50
Previous CloseN/A
Volume175.52K
Average Volume (3M)1.03M
Market Cap
$398.52M
Enterprise Value$495.39M
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)3.6
Beta1.59
Next Earnings
Feb 27, 2025EPS Estimate
-0.09Last Dividend Ex-Date
Aug 24, 2018Dividend YieldN/A
Share Statistics
EPS (TTM)2.09
Shares Outstanding52,924,820
10 Day Avg. Volume2,107,606
30 Day Avg. Volume1,029,976
Standard Deviation0.18
R-Squared0.18
Alpha-0.00862
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.00
Price to Cash Flow (P/CF)4.30
P/FCF Ratio17.10
Enterprise Value/Market Cap1.24
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-13.90
Enterprise Value/Ebitda17.55
Forecast
1Y Price Target
$14.81Price Target Upside97.47% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company recorded $52.3M in revenue and incurred a net loss of $2.1M, which compares quite favorably to 3Q23 revenue of $38.4M and a net loss of $18.5M.
Permitting And DevelopmentApproval for the Environmental Impact Assessment for Los Azules is a key permitting milestone for feasibility, construction, and future operation.
Revenue GrowthThe 36% increase in revenue was driven by the sale of 21,350 gold equivalent ounces, while the average realized price saw a significant increase to $2,499 per gold equivalent ounce.
Bears Say
Operational IssuesThe Fox Complex produced only 7,855 gold equivalent ounces due to a stope failure, which led to reduced stope availability and ultimately lower mined and milled gold grades.
Price Target RevisionThe decreased price target is primarily driven by the incorporation of management's 2025 outlook into the model.
Production ChallengesThe firm produced only 30,150 GEOs at the Fox Complex, which came in somewhat below annual guidance following a stope failure.
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Ownership Overview
0.33% Insiders
3.04% Mutual Funds
4.13% Other Institutional Investors
77.69% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MUX FAQ
What was Mcewen Mining Inc’s price range in the past 12 months?
Mcewen Mining Inc lowest stock price was $5.92 and its highest was $12.50 in the past 12 months.
What is Mcewen Mining Inc’s market cap?
Mcewen Mining Inc’s market cap is $398.52M.
When is Mcewen Mining Inc’s upcoming earnings report date?
Mcewen Mining Inc’s upcoming earnings report date is Feb 27, 2025 which is in 6 days.
How were Mcewen Mining Inc’s earnings last quarter?
Mcewen Mining Inc released its earnings results on Nov 06, 2024. The company reported -$0.04 earnings per share for the quarter, beating the consensus estimate of -$0.105 by $0.065.
Is Mcewen Mining Inc overvalued?
According to Wall Street analysts Mcewen Mining Inc’s price is currently Undervalued.
Does Mcewen Mining Inc pay dividends?
Mcewen Mining Inc pays a Semiannually dividend of $0.04 which represents an annual dividend yield of N/A. See more information on Mcewen Mining Inc dividends here
What is Mcewen Mining Inc’s EPS estimate?
Mcewen Mining Inc’s EPS estimate is -0.09.
How many shares outstanding does Mcewen Mining Inc have?
Mcewen Mining Inc has 52,924,820 shares outstanding.
What happened to Mcewen Mining Inc’s price movement after its last earnings report?
Mcewen Mining Inc reported an EPS of -$0.04 in its last earnings report, beating expectations of -$0.105. Following the earnings report the stock price went up 1.98%.
Which hedge fund is a major shareholder of Mcewen Mining Inc?
Currently, no hedge funds are holding shares in MUX
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McEwen Mining Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$14.81 (97.47% Upside)
$14.81 (97.47% Upside)
Blogger Sentiment
Bullish
MUX Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $19.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.8%
Last 30 Days ▲ 5.0%
Last 30 Days ▲ 5.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
20.96%
12-Months-Change
Fundamentals
Return on Equity
24.18%
Trailing 12-Months
Asset Growth
16.61%
Trailing 12-Months
Company Description
Mcewen Mining Inc
McEwen Mining, Inc. is a mining and minerals production and exploration company, which focuses on base metals in Argentina, Mexico and the United States. It operates through the following geographical segments: Mexico, MSC, Nevada, Los Azules, Canada and Other. The company was founded on July 24, 1979 and is headquartered in Toronto, Canada.
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MUX Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call exhibited strong revenue and profit growth and strategic investments positioning for future success, particularly with McEwen Copper. However, challenges remain with current net losses, cost management, and production issues at certain sites. The sentiment is cautiously optimistic with clear upsides anticipated from strategic projects.Read More>---
MUX Stock 12 Month Forecast
Average Price Target
$14.81
▲(97.47% Upside)
Technical Analysis
Coeur Mining
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Best Analysts Covering MUX
1 Year
1 Year Success Rate
7/12 ratings generated profit
1 Year Average Return
+5.66%
reiterated a buy rating 23 days ago
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 58.33% of your transactions generating a profit, with an average return of +5.66% per trade.
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